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Copper Fox Metals Inc V.CUU

Alternate Symbol(s):  CPFXF

Copper Fox Metals Inc. is a Canadian resource company focused on copper exploration and development in Canada and the United States. The principal assets of the Company and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and the 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. Its other projects include the Eaglehead Project, the Sombrero Butte Project, and the Mineral Mountain project. Eaglehead is an advanced exploration stage polymetallic porphyry copper project located about 50 kilometers (km) east of Dease Lake in the Liard Mining District, British Columbia, within Tahltan territory. Sombrero Butte is a Laramide age, exploration stage, porphyry copper project located in the Bunker Hill Mining District.


TSXV:CUU - Post by User

Bullboard Posts
Post by Ecrevisseconon Dec 04, 2019 2:00pm
189 Views
Post# 30421825

CUU and TECK

CUU and TECKThis is an outlook perspective on what could happen soon with CUU and a reply to Sophia's constant negative statements on this board. The Fall Financials report by TECK might have brought some bad news regarding Schaft Creek (postponing any development investment until 2021) but it could be misleading. The situation in Chile is very bad at the moment and if you are a foreign mining firm, you might want to get out of there in a hurry to protect both your investments and your employees! Thus, Schaft Creek in British Columbia suddenly becomes quite a safe haven for a 50-year mine development project compared to unstable Third World nations. Secondly, if a mining firm decided to start a major mine in Alaska or in the USA, the current political tensions in Washington and the possibility of the return of the Democrats in power again would make Schaft Creek in B.C. a much safer and smoother investment in the long run. So, TECK has identified two other large projects in development but it is clear from their past actions that they are more interested in selling them to other mining firms than developping the sites themselves (go and look at TECK selling mine interests in the recent past to other majors). This will only bring more cash to TECK to buy out CUU from Schaft Creek and either develop it themselves or sell it to a bigger fish. I therefore stick to my early Fall prediction that this season should bring some great news to any CUU investor, despite the TECK Financials report. P.S.: have you seen the fantastic report on Sombrero Butte that came out last month? Funny that Sophia never commented on it since CUU owns 100 % of Desert Fox and all its Arizona mine projects... this also continues to transform CUU into a great and promising stock for 2020. Have a nice day to all,
Bullboard Posts